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Proven Execution
Border Media Partners
Tenants
Challenge
2008 US recession and changing market reduced
office need by 50%.
Existing lease obligation of $1.18 million dollars.
Office space was not being utilized to full capacity.
Competitive sublease market, with an average time to
sublease office space of 215 days.
Results
Developed subleasing marketing strategies and perform
a financial analysis.
Aggressively marketed sublease, including incentives
for quick sublease occupancy.
Subleased office space in 90 days, cutting lease-up
time by over 50%.
Reduced BMP’s lease obligation by 39%, with a total
savings of $460,000.
Proven Execution
611 W 15th St
ECR Represents 20 Year-Running Local Law Firm in Purchasing 110 Year Old Building in Downtown Austin.
Tenants
Richards, Rodriguez, & Skeith
ECR successfully saved Richards, Rodriguez, & Skeith over 85% of their remaining lease obligation by securing a subtenant for their oversized office space in Downtown Austin.
Tenants
THIE
ECR Successfully Negotiated a Great Turn-key Price, Securing an Entire Building While Providing Significant Real Estate Cost Savings for THIE.
Tenants
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